M/17/045-IIF/GMC [2017] IECompA m17045 (12 September 2017)
The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.
- Parties
- Acquirer: Irish Infrastructure Fund; Target: GMC-D OH (Ireland) Intermediate Holdings Limited; Acquirer Affiliate: Speed Fibre DAC; Target Affiliate: GMC-D OH (Ireland)
- Jurisdiction
- Ireland
- Judgment Date
- 12 September 2017
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Acquisition of Control, Telecommunications Sector
Case Brief
Summary, issues, holding and outcome
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Parties
Irish Infrastructure Fund
Acquirer
GMC-D OH (Ireland) Intermediate Holdings Limited
Target
Speed Fibre DAC
Acquirer Affiliate
GMC-D OH (Ireland)
Target Affiliate
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the acquisition by Irish Infrastructure Fund of a majority shareholding and control over GMC-D OH (Ireland) Intermediate Holdings Limited is compatible with competition law
Ratio Decidendi
The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.
Court Disposition
Cleared
Orders
- The proposed acquisition by Irish Infrastructure Fund of a majority shareholding and control over GMC-D OH (Ireland) Intermediate Holdings Limited is cleared.
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